Johnson Controls to Acquire Synchrony from Siemens
MILWAUKEE — Johnson Controls announced it will acquire Synchrony, recognized for its development of active magnetic bearing (AMB) technology. Based in Roanoke, Virginia, Synchrony is part of Siemens Gas and Power.
The acquisition, which closed Nov. 1, will enable Johnson Controls to improve the performance of its centrifugal chiller products, which rely on magnetic bearings to boost energy efficiency; improve reliability; and reduce maintenance costs, among other benefits.